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Apple holds 65% of the global premium smartphone profits pie
Fri, Oct 06, 2017
For Samsung premium smartphones account for 66% of the global handset profit, while for Apple it is 96%.
Reliance Jio pulls down sales of nine telcos in December quarter
Tue, Apr 04, 2017
In three months of its launch, new entrant Reliance Jio that lured in its customer base with freebies pulled down the sales of nine telecom companies in the December 2016 quarter.
Profits near flat at China's Bank of Communications, AgBank; pressures persist
Wed, Mar 29, 2017
China's two leading banks namely Bank of Communications (BoCom) and Agricultural Bank of China (AgBank) have reported modest annual profit growth on Tuesday.
Microsoft profit edges up 3.6% in second quarter as it acquires LinkedIn
Fri, Jan 27, 2017
Microsoft has reported 3.6% rise in profits for the second fiscal quarter on the back of acquiring social network company LinkedIn.
Thomson Reuters likely to cut 2,000 jobs as profits slip
Wed, Nov 02, 2016
Thomson Reuters announced a new "streamlining" plan on Tuesday to cut an estimated 2,000 jobs at the financial information group as it reported flat revenues and a drop in profits.
Toshiba expects higher H1 profits than expected on memory chip sales
Wed, Sep 28, 2016
The electronics conglomerate is trying to recover from a $1.3 billion accounting scandal that had unmasked underperforming operations.
Where did all the e-commerce ads go from your TV?
Thu, Aug 18, 2016
The pressure to cut costs, rationalise spends, leaner operations and more scrutiny by investors has taken its toll on the TV ad spend by these well-funded startups and e-commerce companies in the country.
Toshiba logs first profit in 6 quarters after major restructuring post accounting scandal
Sat, Aug 13, 2016
Toshiba, whose output is as diverse as consumer electronics and nuclear power reactors, reported profit of 20.1 billion yen ($197 million) for April-June.